LONDON (dpa-AFX) - Marston's plc (MARS.L) reported that its profit attributable to equity shareholders for the 26 weeks ended 30 March 2019 was 16.5 million pounds or 2.6 pence per share, compared to a loss of 12.8 million pounds or 2.0 pence per share in the prior year.
Profit before tax was 19.1 million pounds, compared to a loss of 13.4 million pounds in the prior year. The year-on-year movement principally reflected the non-recurrence of the non-cash accounting adjustments relating to the estate valuation.
Underlying profit before tax rose 1.9% to 37.0 million pounds from last year, reflecting growth in each of our trading segments offset by higher finance costs.
Revenue for the period grew to 553.1 million pounds from 529.0 million pounds last year.
The company said it is confident of achieving its earnings expectations for the full year.
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